Monday, December 5, 2016

Physics lesson needed

LONDON — Niklas Zennström, Skype's cofounder and former CEO, is backing a company building car-sized aircraft in Germany through his venture capital firm Atomico.Lilium Aviation, a two-year-old Munich startup, received €10 million (£8.4 million) on Monday from Atomico and other investors to help it develop the personal electric planes that are capable of vertical take-off and landing (VTOL).